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More Personnel Changes at Friedman's

Staff -- JCK-Jewelers Circular Keystone, 8/1/2004

Friedman's Inc. president and COO Doug Anderson has resigned from the Savannah, Ga.-based company to pursue other interests, the company said in a statement. Recently appointed CEO Sam Cusano will assume the role of president.

In addition, Steve Moore has been named chief administrative officer, general counsel, and secretary to the company. Moore comes to Friedman's from Service Merchandise Company Inc. where he served in the same capacity.

"We are serious about putting together a seasoned team that can move quickly and aggressively to get Friedman's on the right track," said Allan Edwards, executive chairman of the board of Friedman's. "Steve's legal background, combined with his experience working through and resolving complex operational issues, will make him a strong asset to the company. We are confident that we have found the right person to help move Friedman's towards a successful future."

In addition to focusing on the company's legal and compliance issues, Friedman's said Moore will manage various business units such as risk management, real estate, human resources, and communications.

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